Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for South Carolina

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for South Carolina
Series ID MHICILBSC45000A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 1989-01-01 to 2022-01-01
Last Updated 2023-12-14 1:12 PM CST
Notes The U.S. Census Bureau provides annual estimates of income and poverty statistics for all school districts, counties, and states through the Small Area Income and Poverty Estimates (SAIPE) program. The bureau's main objective with this program is to provide estimates of income and poverty for the administration of federal programs and the allocation of federal funds to local jurisdictions. In addition to these federal programs, state and local programs use the income and poverty estimates for distributing funds and managing programs.

Household income includes income of the householder and all other people 15 years and older in the household, whether or not they are related to the householder. Median is the point that divides the household income distributions into two halves: one-half with income above the median and the other with income below the median. The median is based on the income distribution of all households, including those with no income.

A confidence interval is a range of values, from the lower bound to the respective upper bound, that describes the uncertainty surrounding an estimate. A confidence interval is also itself an estimate. It is made using a model of how sampling, interviewing, measuring, and modeling contribute to uncertainty about the relation between the true value of the quantity we are estimating and our estimate of that value. The "90%" in the confidence interval listed above represents a level of certainty about our estimate. If we were to repeatedly make new estimates using exactly the same procedure (by drawing a new sample, conducting new interviews, calculating new estimates and new confidence intervals), the confidence intervals would contain the average of all the estimates 90% of the time. For more details about the confidence intervals and their interpretation, see this explanation.
DATE VALUE
1989-01-01 23667
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26753
1994-01-01 .
1995-01-01 28540
1996-01-01 30685
1997-01-01 31611
1998-01-01 31677
1999-01-01 34089
2000-01-01 35475
2001-01-01 35453
2002-01-01 35705
2003-01-01 36526
2004-01-01 37954
2005-01-01 38897
2006-01-01 40784
2007-01-01 42901
2008-01-01 44077
2009-01-01 42034
2010-01-01 41702
2011-01-01 41933
2012-01-01 42653
2013-01-01 43669
2014-01-01 44839
2015-01-01 46768
2016-01-01 48997
2017-01-01 50151
2018-01-01 51828
2019-01-01 55542
2020-01-01 56110
2021-01-01 58606
2022-01-01 63535

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